You are here

Hotels draw up battle plans as Airbnb poses rising threat

A total of about 150 million travellers have stayed in 3 million Airbnb listings in more than 191 countries, says the company.

San Francisco

LAST year, Airbnb underwent a rough regulatory patch. The short-term rental company became a Federal Trade Commission target over the summer after three senators asked for an investigation into how companies such as Airbnb affect soaring housing costs. In October, Governor...

Market voices on: